KBC Group NV Sells 88,153 Shares of Jabil, Inc. $JBL

KBC Group NV reduced its position in shares of Jabil, Inc. (NYSE:JBL) by 63.8% in the 1st quarter, HoldingsChannel.com reports. The firm owned 50,037 shares of the technology company’s stock after selling 88,153 shares during the quarter. KBC Group NV’s holdings in Jabil were worth $13,291,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in JBL. Todd Asset Management LLC raised its position in shares of Jabil by 1.9% during the 4th quarter. Todd Asset Management LLC now owns 336,356 shares of the technology company’s stock valued at $76,696,000 after acquiring an additional 6,179 shares during the last quarter. Jackson Creek Investment Advisors LLC grew its stake in shares of Jabil by 386.2% during the fourth quarter. Jackson Creek Investment Advisors LLC now owns 11,290 shares of the technology company’s stock worth $2,574,000 after purchasing an additional 8,968 shares during the period. Jefferies Financial Group Inc. acquired a new position in Jabil in the fourth quarter valued at about $7,061,000. Allstate Corp boosted its holdings in Jabil by 98.0% during the fourth quarter. Allstate Corp now owns 7,959 shares of the technology company’s stock worth $1,815,000 after buying an additional 3,939 shares during the last quarter. Finally, National Pension Service grew its position in shares of Jabil by 582.6% during the 4th quarter. National Pension Service now owns 224,903 shares of the technology company’s stock worth $51,282,000 after buying an additional 191,956 shares during the period. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Jabil Stock Performance

Shares of JBL stock opened at $319.17 on Wednesday. The company’s fifty day simple moving average is $354.08 and its 200-day simple moving average is $300.98. Jabil, Inc. has a 12 month low of $189.60 and a 12 month high of $428.93. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 2.17. The firm has a market cap of $33.45 billion, a PE ratio of 39.85, a P/E/G ratio of 0.92 and a beta of 1.28.

Jabil (NYSE:JBL) last released its earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.10 by $0.06. The business had revenue of $8.75 billion for the quarter, compared to the consensus estimate of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.Jabil’s quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.55 earnings per share. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. Equities research analysts expect that Jabil, Inc. will post 11.71 EPS for the current fiscal year.

Jabil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Friday, August 14th will be paid a $0.08 dividend. The ex-dividend date is Friday, August 14th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil’s dividend payout ratio (DPR) is currently 4.00%.

Insider Activity

In related news, EVP Matthew Crowley sold 94 shares of Jabil stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $345.00, for a total transaction of $32,430.00. Following the completion of the transaction, the executive vice president owned 57,536 shares in the company, valued at approximately $19,849,920. This trade represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Gary K. Schick sold 1,000 shares of Jabil stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $340.00, for a total value of $340,000.00. Following the transaction, the senior vice president owned 39,843 shares of the company’s stock, valued at $13,546,620. This represents a 2.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Robert W. Baird lifted their price objective on shares of Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a research note on Thursday, June 18th. Bank of America restated a “buy” rating and issued a $470.00 price objective on shares of Jabil in a research report on Thursday, June 18th. UBS Group raised their price objective on Jabil from $380.00 to $430.00 and gave the stock a “neutral” rating in a research note on Thursday, June 18th. The Goldman Sachs Group increased their price target on Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. Finally, Wall Street Zen lowered Jabil from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 11th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Jabil has an average rating of “Buy” and an average price target of $453.67.

Jabil Company Profile

Jabil Inc (NYSE: JBL) is a global manufacturing solutions provider specializing in electronic manufacturing services (EMS) and diversified products across a wide range of industries. The company partners with original equipment manufacturers to deliver design engineering, supply chain management, precision manufacturing, and aftermarket services. Jabil’s expertise spans sectors such as healthcare, automotive, clean technology, telecommunications, consumer electronics, and packaging, enabling it to support both high-volume production and complex, mission-critical applications.

Founded in 1966 by William E.